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Audit MCQs with ANSs Book Free Download

Audit Multiple Choice Questions with Answers. This book is specially uploaded for the student and ex students of Commerce and Business education. The author of the explain all question answers with full detail not only correct option of the question but all incorrect option of all questions.  So this book you can found very excellent and noble from all other Audit MCQs with Answers books. Now days most of the test and interview are Objective or MCQs types. So we keep in mind these types test and interview and try to upload this type’s book and solve your ultimate problem. Once you read this book must and we are sure once you read this book you may score best marks in your test and interview.  We write down one of two questions and answers for your kind review that you can judge that the book is really noble and fabulous.
Which of the following is an inherent limitation of internal controls?
01. Judgmental sampling.
02. Collusion.
03. Segregation of duties.
04. Employee peer review.
Option "02" is correct. Inherent limitations of internal control include collusion, human error, and Management override.
Option "01" is incorrect. Sampling is used in most audit applications, since it is generally not feasible to
Examine 100% of a population, but this is not an inherent limitation of internal control.
Option "03" is incorrect. Segregation of duties may be difficult to achieve in a small entity, and this can be viewed as an inherent limitation in internal control for such entities. However, this question does not
Mention the size of the entity, and generally speaking, segregation of duties is a control activity, not an Inherent limitation of internal control.
Option "04" is incorrect. Peer review is a form of monitoring, which is a control activity, not an inherent Limitation of internal control.
So this is the one question and answers from this book. For more detail please read online this book or download from our site free of cost. We also try to upload more books about Accounts, Math’s, Biology, Physics , Chemistry , HRM , Audit , English , General knowledge , and etc.  So please scroll down and find out the two links one is (Down Book from Button 01) and the other is (Down Book from Link 02). So enjoy best and informative books free and leave any types of Suggestion about our blog. We appreciate those who give any suggestion about our blog and books. Thank You to Visit here. For new upcoming books please like our page www.facebook.com/2lacbooks .
So this also important to know about this book. The book is Digitalis by Becker CPA Review, Size of the book is 200 KB, Page of the book is 50 and format of the book is PDF. So download Best Audit MCQs with Answers Book in PDF Format. 


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